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This meticulously maintained office unit is located in the highly sought-after Cromwell Executive Center Plaza, a prime business hub with very limited vacancy. The plaza is home to a mix of well-established businesses, including medical and dental professionals, creating a strong professional environment. Key Features: High Traffic Exposure; Approximately 555 feet of frontage on Route 372 (Berlin Road), a busy two-lane road on both sides, offering excellent visibility and high vehicle traffic. Convenient Location: Just half a mile from both I-91 and Route 9, ensuring easy access for employees, clients, and visitors. The space is also surrounded by large retailers, national hotel chains, and is a short drive from downtown Cromwell. Flexible Leasing Criteria: The landlord is open to negotiating tenant incentives, including build-to-suit options to accommodate your business's needs. Rent: Gross rent is $3, 000 per month, which covers the base rent. Tenants are responsible for heat, electric, and interior maintenance items. Tenant Requirements: Prospective tenants will be required to undergo a credit check, background check, and provide proof of business income. This is a rare opportunity to lease a prime office space in a highly visible and accessible location. With the potential for tenant-specific buildouts and an ideal location, this space is perfect for a variety of businesses. Reach out to us today to schedule a showing.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $2,400 | $2,400 | $2,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.108% | 7.063% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $15 | $16 | $20 |
Total Monthly Payment | $90 | $91 | $95 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.